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IperionX Awarded $99M Contract by DoD for Titanium Production
Jun 05, 2025•about 1 year ago
Contract Type
contract
CharlotteManufacturingMiningPrecious Metals
Description
IperionX has been awarded a $99 million SBIR Phase III contract by the U.S. Department of Defense. This contract aims to support low-cost domestic titanium production for defense applications through a funding mechanism for task orders.
Company Information
Company
IperionX Ltd
Location
129 W Trade Street, Suite 1405
Charlotte, North Carolina, United States
About
IperionX Ltd is a company focused on developing sustainable supply chains for critical minerals. The firm aims to be a leader in the production of titanium and rare earth elements. With a strategic emphasis on U.S. domestic resources, IperionX seeks to enhance its operational footprint in the mineral sector.
CharlotteManufacturingMiningPrecious Metals